Raketech reports 19% Q3 revenue fall as it settles Casumba claim
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Raketech’s Q3 revenue fell 19%, reportedly because it continued winding down its Paid Publisher Network. The company also reached a settlement over Casumba at a substantial discount, according to the report.
Raketech's Q3 revenue dropped by 19%, according to the headline. The headline also notes that the Casumba settlement came at a "substantial discount".
The decline was attributed to the continued phase-out of the affiliate's Paid Publisher Network. The report says the company is laying "a stronger foundation for gradual improvement".